BSV Network Access Rules – Conversations on X Spaces

The BSV Association recently published Network Access Rules (NAR) that regulate relationships with network nodes. At X Spaces, a dialogue took place to clarify the rules and listen to a variety of opinions, opinions, and concerns.

Recently on BSV Blockchain Twitter (X) Space @Bitcoin_Beyond We discussed the new Network Access Rules (NAR) and alerting systems.

Learn more here: https://t.co/yJLOvo0YH8 #BSVXSpace

— BSV Blockchain (@BSVBlockchain) February 22, 2024

The alarm system has been upgraded.

The conversation begins with an overview of Bitcoin, a public ledger where information is transmitted through adversarial channels. This is different from forming a consensus and without the threat of intentionally deceptive information.

We then discuss the history of warning systems. This can be traced back to an overflow bug that caused an increase in Bitcoin supply. Satoshi Nakamoto himself had to step in and fix this bug. Because of his stature in the community, Satoshi was able to regularly perform upgrades, such as node software updates, that were deemed necessary.

Now that Satoshi is out of the office, we need an easy way to send him a notification. This can be related to exploits and attacks, as well as software updates related to new node software releases.

Of course, the new version of the alarm system is not completely identical to the previous version. It is built for modern requirements such as compliance and regulation, including freezing funds related to crime and reallocating funds through valid court orders.

Satoshi’s vision of enabling millions of transactions requires commercial partners and defined rules. Network access rules are designed to facilitate this. This is intended to codify Node’s existing expectations, not to add new rules or changes to the content of the white paper.

The protocol should be: stoned

Everyone in the BSV blockchain community will be very familiar with this phrase, which is where we move on to the discussion. Transactions sent today must be valid for 1,000 years. If it is not due to a change in Bitcoin, then the network has been compromised. The BSV blockchain adheres to the principle of a single global chain without forks.

Nodes have certain requirements that are always present, but not emphasized or debated. Spelling allows you to more clearly define honest and dishonest nodes, making it faster and easier to detect and respond to attackers.

In particular, network access rules are a two-way street. This describes not only what the BSV association expects from the nodes, but also what the nodes expect from the association.

The rules also address the need to protect against false alarms, similar to someone shouting ‘fire’ in a crowded theater. This allows for the free flow of information without allowing misinformation to be broadcast.

Although some have opposed network access rules, Bitcoin is not subject to dictatorial decrees. Instead, it is controlled by Adam Smith’s invisible hand and achieves balance through economic incentives.

This means it’s important to be able to add rules as needed to comply with the ever-evolving legal environment. As CoinGeek readers will know, the legal environment governing blockchain technology and digital currencies is maturing, and the Bitcoin network must comply with it, including enforcing digital property rights.

This space will then answer listener questions about how the rules are determined, whether empty block miners played a role in this decision, the timing of this announcement, and whether the BSV Association is imposing a subjective interpretation of the white paper on the network.

See: The importance of interoperability

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